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Which of these are examples of business metrics or Key Performance Indicators commonly referred to as KPI's?

• A.Defects
• B.All of these answers are correct
• C.Cycle Time
• D.Labor Hours
• E.No. of Units Reworked

When the Inputs, X's, for your process are Normally Distributed about the Mean, the Outputs, Y's, will always be Normally Distributed.

• A.False
• B.True

A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt's effort requiring that the average cost of an internal critical raw material component be less than or equal to $4,200 in order to stay within budget. Using a sample of 35 first article components, a Mean of the new product upgrade price of $4,060, and a Standard Deviation of $98 was estimated. The Alternative Hypothesis in the above example is?

• A.The Mean is less than $4,200
• B.The Mean is greater than $ 4,200
• C.The Mean is equal to $4,060
• D.The Mean is less than $4,320
• E.The Standard Deviation is equal to $300

Appropriate measures means that measurements are ______________.

• A.Contextual
• B.All of these answers are correct
• C.Sufficient
• D.Representative
• E.Relevant

Which statement(s) are incorrect for the Regression Analysis shown here? (Note: There are 2 correct answers).

• A.The Regression explains over 98% of the process variation
• B.The air-fuel ratio explains most of the TurbineOutput variation
• C.If the air-fuel ratio increases by 1, the TurbineOutput more than triples
• D.The SteamExitTemp explains the most variation of the TurbineOutput
• E.This Multiple Linear Regression has three statistically significant independent variables